Binance Announces 68th Project on Launchpool: Initia (INIT)

Binance$BNB is pleased to introduce the 68th project on the Binance Launchpool platform - Initia (INIT). This is a Layer 1 (L1) blockchain designed to unify application chains, unlocking their full value through intertwined infrastructure and a suitable economy. The official website of the project is expected to be available within the next 12 hours, before the official Launchpool event starts.

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Opportunity to Receive INIT Airdrop

Users can participate in the Launchpool event by locking their BNB, FDUSD, and USDC to receive an airdrop of INIT tokens. The participation period lasts for 6 days, with mining activities starting at 00:00 April 18, 2025 (UTC). This is a great opportunity for users to receive INIT tokens by contributing to the project's ecosystem.

Listing on Binance

After the Launchpool event ends, Binance will officially list INIT at 11:00 April 24, 2025 (UTC). Available trading pairs include:

  • INIT/USDT

  • INIT/USDC

  • INIT/$BNB

  • INIT/FDUSD

  • INIT/TRY

In particular, the Seed token will be applied to INIT tokens, ensuring security and compliance with platform standards.

Details About INIT Launchpool

Here is important information about the Initia Launchpool event:

  • Token name: Initia (INIT)

  • Total token supply: 1,000,000,000 $INIT

  • Maximum token supply: 1,000,000,000 INIT

  • Launchpool token rewards: 30,000,000 INIT (equivalent to 3% of the total token supply)

In addition to Launchpool rewards, Initia also plans to allocate additional tokens for marketing activities:

  • 10,000,000 INIT additional will be allocated for other marketing campaigns (in batches) after listing. Details will be announced in separate notices.

  • 20,000,000 INIT additional will be allocated for other marketing campaigns (in batches) 6 months after listing. Details will also be announced later.

Initial Circulating Supply

When listed on Binance, the initial circulating supply of INIT will be 148,750,000 INIT, accounting for approximately 14.88% of the total token supply.

Opportunity to Join Initia Launchpool: Lock Tokens to Receive Attractive Rewards

Binance is excited to introduce the supported pools in the Launchpool event of the Initia (INIT) project. Users can lock BNB, FDUSD, or USDC tokens to receive INIT token rewards – a great opportunity to join this promising Layer 1 blockchain ecosystem!

Details of Supported Pools and Rewards

Below is information about the token lock pools along with the corresponding rewards:

  • Lock BNB (website will be available in about 12 hours):

    • Reward: 25,500,000 INIT

    • Rate: Accounts for 85% of total Launchpool rewards

  • Lock FDUSD (website will be available in about 12 hours):

    • Reward: 1,500,000 INIT

    • Rate: Accounts for 5% of total Launchpool rewards

  • Lock USDC (website will be available in about 12 hours):

    • Reward: 3,000,000 INIT

    • Rate: Accounts for 10% of total Launchpool rewards

Participation Time for Farming

The Launchpool event will officially take place within the following timeframe:

  • Start: 00:00 April 18, 2025 (UTC)

  • End: 23:59 April 23, 2025 (UTC)

During this period, you can lock your tokens to start accumulating INIT rewards. Don't miss the chance to receive valuable rewards from this special event!
Hurry up, everyone??